G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10357
DP10357 On the Global Supply of Basic Research
Hans Gersbach; Maik Schneider
发表日期2015-01-18
出版年2015
语种英语
摘要In a two-country Schumpeterian growth model, we study the incentives for basic research investments by governments in a globalized world. We find that a country's basic research investments increase with the country's level of human capital and decline with its own market size. This may explain that some smaller countries invest a lot in basic research. Compared with the optimal investments achievable when countries coordinate their basic research policies, a single country may over-invest in basic research. However, the total amount of decentralized basic research investments is always below the socially optimal investment level, which justifies policy coordination in this area.
主题Industrial Organization ; Public Economics
关键词Basic research Public goods Economic growth Coordination of governments
URLhttps://cepr.org/publications/dp10357
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/539188
推荐引用方式
GB/T 7714
Hans Gersbach,Maik Schneider. DP10357 On the Global Supply of Basic Research. 2015.
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